Glencore tightens its grip on Hunter Valley coal infrastructure

GLENCORE has secured greater control over the Hunter Valley coal supply chain with an acquisition giving it a majority stake in Newcastle Coal Shippers.

Glencore tightens its grip on Hunter Valley coal infrastructure Glencore tightens its grip on Hunter Valley coal infrastructure Glencore tightens its grip on Hunter Valley coal infrastructure Glencore tightens its grip on Hunter Valley coal infrastructure Glencore tightens its grip on Hunter Valley coal infrastructure

The Port of Newcastle is one of the major conduits to coal exports in New South Wales.

NCS owns just under 37% of Port Waratah Coal Services at the Port of Newcastle, which is one of the major conduits to coal exports in New South Wales.